Bryan stofell and ricky mulvy talk about stoicism, the philosophy of a few thousand years ago. Stochastic means you don't feel anything - but i think it can make you a better investor. The main trait that i'm zeroing in on here is just kind of equanimity. So jim sinegal had a north star that replaced just profits, profits, profits,. Stock up, stock up. And if you look, that maps pretty closely with what the company did.
Do you really own your stocks? The stoics might suggest otherwise. Ricky Mulvey and Brian Stoffel serve up an introduction to stoicism, and why these philosophers from a few thousand years ago have practical advice for investors today. They discuss: - Fundamentals of stoicism - The dichotomy of control (and what it means for investors) - Seneca’s complex relationship with wealth - Company leaders that may exhibit some stoic virtues
Companies mentioned: COST, AAPL, BRK.A, BRK.B
Host: Ricky Mulvey Guest: Brian Stoffel Engineer: Dan Boyd
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